DML discovery metals limited
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300 million tons at 1.3% copper3 million tons of contained...

  1. david25
    5,728 Posts.
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    27/07/13
    00:40
    Post #: 12117636
    300 million tons at 1.3% copper

    3 million tons of contained copper
    approx $2k ton profit x .10

    In ground value of copper around $200 ton
    $600millon

    It's a bit on the high side but $400 million for certain.
    They must get the cash cost down or else its worth nothing.



    DML Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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